Protect yourself from "CWG Markets" clone

Clone firms are fake firms that use the details of real companies to trick investors into believing they are legitimate. They often use sophisticated tactics to appear genuine, such as using the same website design and contact details as the real company. FCA recently exposed a clone firm of CWG Markets. Here are the details:

Name: CWG Markets/ CWG Foreign Exchange (Clone of FCA Authorised firm)

Website: https://www.cwg-ins.com/, https://www.cwg-ins.com/lxwom.html, www.cwgcn.com

Correct Details of the Firm

Firm Name: CWG Markets Ltd

Firm Reference Number: 785129

Address: 76 Cannon Street

3rd Floor

London, EC4N 6AE, UNITED KINGDOM

Telephone: +442039471777

Email: support@cwgmarkets.co.uk

Website: www.cwgmarkets.co.uk

The clone firm is using the details of a legitimate firm to deceive investors. The FCA has warned investors to be vigilant and to report any suspicious activity to them immediately. They have also advised investors to be cautious when dealing with firms that cold-call them or offer unsolicited investment advice. By taking these precautions, investors can protect themselves from falling victim to clone firms and other investment scams.

About CWG Markets

CWG Markets is a regulated brokerage firm based in the United Kingdom, specializing in market-making services. They have been operating for 2–5 years and are regulated by the Financial Conduct Authority (FCA) in the UK for market-making (MM) activities. Additionally, they hold a retail forex license under offshore regulation from the Vanuatu Financial Services Commission (VFSC). CWG Markets operates with medium potential risk and is considered a regional broker.

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